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XRP holds above $1 as withdrawals hit multi-year highs, signaling seller exhaustion and potential consolidation phase.

Technical Signals
31 Jul 2026
AMBCrypto
View Source
Bullish
pluang ai news

XRP traded just above $1 despite a 2% dip, with strong spot ETF inflows and record-high withdrawal transactions from exchanges indicating increased holder accumulation. Exchange inflows dropped to their lowest since 2021, suggesting sellers are exhausted and reluctant to sell. Additionally, a falling estimated leverage ratio points to deleveraging, reducing market risk and supporting a stable consolidation phase. This environment may offer long-term investors a buying opportunity if demand strengthens.

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